In Indiana, the average cost for a burial and funeral is $8,600.
Service Type-Immediate Burial| Average Cost-$3,050| Price Range-$2,995 – $4,010
Service Type-Cremation Memorial| Average Cost-$2,050|Price Range-$2,995 – $3,010
Service Type-Full BuriaL-|Average Cost- $6,820 |Price Range-$2,695 – $8,195

Is Life Insurance Policy Lapse the end of the story? Maybe not! …

Maybe you’ve heard (or experienced) the tragic story of someone becoming ill, forgetting or being unable to pay their life insurance premium, only to see the policy lapse at the time it is needed most. It’s more common than you may realize, and at our law firm we see it quite often. It is terribly unfortunate. What most people don’t realize, however, is that there is law in California that may come to the rescue. That law is known as the “notice prejudice” rule. The rule emanates from a judicially created doctrine dating back to at least 1963, when the California Supreme Court decided Campbell v. Allstate Ins. Co. (1963) 60 Cal.2d 303, 305. The rule is simple: it prohibits insurers from denying insurance benefits on the ground that the insured presented…

0 Comments

Why Baby Boomers Are Extending Their Working Lives Into ‘Unretirement’

The old idea of “retirement”?a word that means withdrawal, describing a time when people gave up productive employment and shrank their activities?was a short-lived historical anomaly. Humans have always found meaning and motivation in work and community, and the boomer generation, poised to live longer in better health than any before, is already discovering a new type of retirement planning called “unretirement”?extending their working lives, often with new careers, entrepreneurial ventures, and volunteer service. In Unretirement  (Bloomsbury Publishing, 2016), Chris Farrell details how their experience, wisdom?and importantly, their continued earnings?will enrich the American workplace, treasury, and our whole society in the decades to come. The following excerpt is from the book’s first chapter: “Work Long and Prosper.” Two titans of the New Deal were Harry Hopkins and Henry Morgenthau Jr. Hopkins…

0 Comments

Is it time you developed a Baby Boomer replacement plan?

As well are all painfully aware... This trend is most likely going to impact smaller privately held companies even harder given that many are also owned and lead by baby boomers and typically have much smaller work forces from which to groom knowledgeable replacements for retiring experienced workers. Recently MiddleMarketGrowth.com published an enlightening piece that examines this movement in great detail. This is how they described the current employment trend: Despite the doom and gloom of recent economic news, the middle market continues to outpace large-cap companies and global corporations in business growth, M&A and workforce expansion. Most middle-market business leaders are well aware of the “war for talent” that exists today. Attracting and developing talent has been and will continue to be the No. 1 constraint on growth for midsize companies. The bad news…

0 Comments

Pairing Gen Z with Baby Boomers: The value of cross-generational mentoring is here…

It seems like just a few years ago that managers and HR professionals everywhere were talking about the impact of Millennials in the workplace. Millennials, also known as Gen Y, were different from Gen X and Baby Boomers. The first generation to have grown up with hyper connectivity and social media, they had their own distinct views of why and how to work. Those views initially shook up the workplace, but now, approximately two decades later, they’ve reshaped it. Flex work and telecommuting are becoming more and more the norm, as are other employer perks that facilitate a good work-life balance. Companies strive to demonstrate social responsibility and provide meaningful work in order to attract top Millennial talent. And the fact that the gig economy is gaining ground appears to suit Millennials, who are…

0 Comments